Comerica Incorporated (CMA) Analysts See $1.66 EPS

June 14, 2018 - By Jeanette Kaplan

Comerica Incorporated (NYSE:CMA) LogoInvestors sentiment decreased to 0.99 in Q1 2018. Its down 0.01, from 1 in 2017Q4. It worsened, as 43 investors sold Comerica Incorporated shares while 172 reduced holdings. 73 funds opened positions while 139 raised stakes. 135.88 million shares or 2.26% less from 139.03 million shares in 2017Q4 were reported.
Chevy Chase holds 0.06% or 150,047 shares in its portfolio. The Norway-based Dnb Asset Mngmt As has invested 0% in Comerica Incorporated (NYSE:CMA). Northcoast Asset Mngmt Limited Liability Company holds 0.15% or 17,037 shares. 1,167 are owned by Three Peaks Cap Mgmt Lc. Nomura Hldgs Inc holds 0% or 29,595 shares. Osborne Partners Capital Mgmt Ltd Co invested 0.05% of its portfolio in Comerica Incorporated (NYSE:CMA). Ameritas Prns has invested 0.02% in Comerica Incorporated (NYSE:CMA). Fruth Investment has invested 0.2% in Comerica Incorporated (NYSE:CMA). Smith Asset Mngmt Grp Lp holds 130 shares. Qci Asset Management Ny has invested 0% of its portfolio in Comerica Incorporated (NYSE:CMA). Comerica Financial Bank holds 0.1% of its portfolio in Comerica Incorporated (NYSE:CMA) for 145,866 shares. Kentucky Retirement Insur Tru Fund accumulated 3,956 shares. Mitsubishi Ufj Tru stated it has 0.06% in Comerica Incorporated (NYSE:CMA). Captrust Financial Advsr holds 0% of its portfolio in Comerica Incorporated (NYSE:CMA) for 31 shares. New York-based State Common Retirement Fund has invested 0.06% in Comerica Incorporated (NYSE:CMA).

Since January 18, 2018, it had 0 insider purchases, and 15 insider sales for $33.62 million activity. Guilfoile Peter William sold $108,533 worth of stock. 11,293 shares valued at $1.08M were sold by Duprey David E on Saturday, January 27. Burkhart Megan D sold 4,670 shares worth $463,258. FARMER CURTIS C also sold $1.81 million worth of Comerica Incorporated (NYSE:CMA) on Saturday, January 27. RITCHIE MICHAEL T sold $397,808 worth of Comerica Incorporated (NYSE:CMA) on Monday, February 26. Shares for $243,919 were sold by Buchanan John D on Friday, January 26.

Analysts expect Comerica Incorporated (NYSE:CMA) to report $1.66 EPS on July, 17.They anticipate $0.51 EPS change or 44.35 % from last quarter’s $1.15 EPS. CMA’s profit would be $285.41 million giving it 14.35 P/E if the $1.66 EPS is correct. After having $1.54 EPS previously, Comerica Incorporated’s analysts see 7.79 % EPS growth. The stock decreased 0.25% or $0.24 during the last trading session, reaching $95.3. About 1.06M shares traded. Comerica Incorporated (NYSE:CMA) has risen 41.54% since June 14, 2017 and is uptrending. It has outperformed by 28.97% the S&P500.

Comerica Incorporated (NYSE:CMA) Ratings Coverage

Among 21 analysts covering Comerica Inc (NYSE:CMA), 12 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. Comerica Inc had 45 analyst reports since December 18, 2017 according to SRatingsIntel. FBR Capital maintained the stock with “Buy” rating in Tuesday, March 27 report. The firm has “Hold” rating by Wedbush given on Monday, March 5. The company was maintained on Tuesday, January 16 by SunTrust. The company was maintained on Tuesday, January 16 by FBR Capital. The stock of Comerica Incorporated (NYSE:CMA) earned “Hold” rating by Bernstein on Wednesday, January 17. The stock of Comerica Incorporated (NYSE:CMA) earned “Hold” rating by Susquehanna on Tuesday, April 17. The rating was maintained by BMO Capital Markets on Wednesday, April 18 with “Outperform”. The stock has “Neutral” rating by Bank of America on Tuesday, March 13. Piper Jaffray maintained Comerica Incorporated (NYSE:CMA) on Monday, March 5 with “Buy” rating. The stock has “Buy” rating by Piper Jaffray on Tuesday, January 16.

Comerica Incorporated, through its subsidiaries, provides various financial services and products. The company has market cap of $16.39 billion. The firm operates through three divisions: Business Bank, Retail Bank, and Wealth Management. It has a 23.02 P/E ratio. The Business Bank segment offers various services and products, such as commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management, and loan syndication services to middle market businesses, multinational firms, and governmental entities.

Comerica Incorporated (NYSE:CMA) Institutional Positions Chart

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